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Algarve, Lagoa, Portugal

€750,000
Mimosa Properties, Lagos
PROPERTY TYPE

House

BEDROOMS

4

SIZE

7,201 sq ft

669 sq m

Key features

  • Bedrooms: 4
  • Access point to highway
  • ATM Machine
  • Banks
  • Bars
  • Boat tours
  • Business
  • Bus stop
  • Castle
  • Church

Description

Unique investment opportunity in Ferragudo: a set of buildings dating from before 1951, for rehabilitation, located in a privileged position by the Arade River, offering panoramic views of the river, Portimão Marina, and Monchique Mountains.
Characteristics:
  • Set of pre-1951 buildings, with rehabilitation potential.
  • Water well and fruit trees on the property.
  • Ideal for development of a luxury residence, private condominium, or tourist project.
Surroundings:
  • Privileged location by the Arade River, with stunning views of the river, Portimão Marina, and Monchique Mountains.
  • Close to Ferragudo town center, with shops, services, and restaurants.
  • Quiet environment, with established residential areas and easy access to beaches and luxury resorts.
Key points:
  • High tourist and investment potential.
  • Excellent sun exposure and exclusive views.
  • Close to golf courses and premium resorts.
  • Faro International Airport 30 minutes away, ensuring easy accessibility.
This property represents an opportunity for investors and developers seeking projects in a premium location with high value potential. Unique opportunity. Schedule your visit, submit your proposal, and realize this project in the Algarve.
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Algarve, Lagoa, Portugal

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NEAREST AIRPORTS

Distances are straight line measurements
  • Faro(International)
    31.7 miles

Advice on buying Portuguese property

Learn everything you need to know to successfully find and buy a property in Portugal.

About Mimosa Properties, Lagos

For 20 years based in Lagos, MimosaProperties has been active in the areas of buying, selling, renting, and property management. By focusing on quality and precision, combined with our experience and knowledge, we offer an exclusive real estate mediation service in the Western Algarve region.

We are an agency managed by a multilingual team, specialized in property sales and acquisitions, with deep knowledge of the local market. Our methodology is based on personalized service, ensuring our clients a completely transparent and professional experience.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Mimosa Properties, Lagos (reference 3332) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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